Sustainability Reporting Grant

briefcase Get support on developing your first sustainability report consistent with the International Sustainability Standards Board’s (ISSB) standards

About this programme

Investors are increasingly using climate-related disclosures to understand companies’ environmental strategies and make their investment decisions. With heightened demand for companies to publish climate-related disclosures, including regulations to mandate climate-related disclosures for selected Singapore-incorporated companies, EDB and EnterpriseSG have launched the Sustainability Reporting Grant (SRG).

The SRG provides funding support for Singapore-incorporated companies to produce their first sustainability report incorporating International Sustainability Standards Board’s (ISSB)- based climate-related disclosures (ISSB-based CRDs) sustainability report in Singapore before compliance for mandatory climate-related disclosures sets in.

The grant defrays up to 30% of qualifying costs* capped at S$150,000, whichever is lower.

*Qualifying costs to prepare for the first ISSB-based CRDs sustainability report cover the following:

External consultancy costs
External assurance costs
Equipment and software
Manpower training (only applicable to permanent or contract employees of the company)

Eligibility

The SRG will be applicable to:

All Singapore-incorporated listed companies on the Singapore Stock Exchange (SGX), regardless of size, before reaching mandatory compliance timelines for climate-related disclosures
All Singapore-incorporated companies with an annual revenue of at least S$100 million, before reaching mandatory compliance timelines for climate-related disclosures
Companies producing its first sustainability report incorporating ISSB-based CRDs , which comprises
1. Climate-relevant provisions of the IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information, and
2. IFRS S2 Climate-related Disclosures.
For information on the ISSB standards, please refer to the International Financial Reporting Standards Foundation (IFRS) website.

Category	Mandatory compliance timeline	1st Sustainability Reports incorporating ISSB-based CRDs eligible for SRG	Application Deadline
SGX-Listed Companies (ListCos)
Largest i.e. STI Constituents (Note: STI-constituent companies are no longer eligible for the SRG)	From FY2025	For the FY commencing between 1 January 2024 – 31 December 2024	31 May 2025
Non-STI Constituents with >S$1B market cap and above	From FY2028	For the FY commencing between 1 January 2024 – 31 December 2027	31 Jan 2028
All other listed companies	From FY2030	For the FY commencing between 1 January 2024 – 31 December 2029	31 Jan 2030
Non-Listed Companies (NLCos)
Large Non-Listed Companies (Large NLCos) i.e. Total annual revenue ≥S$1 billion and total assets ≥$500M	From FY2030	For the FY commencing between 1 January 2024 – 31 December 2029	31 Jan 2030
Other Non-Listed Companies (Other NLCos) (i) Total annual revenue ≥S$1 billion and total assets <S$500M (ii) Total annual revenue between S$100 million and <S$1 billion	Not specified	For the FY commencing between 1 January 2024 – 31 December 2029	31 Jan 2030

*Last updated: 25 August 2025

Each company is limited to only one application for the first sustainability report incorporating ISSB-based CRDs.

Companies will not be eligible for the grant if:

Unless otherwise advised by EnterpriseSG, they have commenced on the project at the point of grant application. Projects are considered to have commenced if any of the following took place before the application date, and applications will be regarded as retrospective:
- They have started work
- They have made payment to third-party, who is part of the application
- They have signed contractual agreement(s) with a third party, who is part of the application
They have already published a sustainability report incorporating ISSB-based CRDs.
They have already reached their compliance timeline for mandatory climate-related disclosures in Singapore.
They are non-listed companies (NLCos) which are exempted for mandatory climate-related disclosures in Singapore. The exemption applies to NLCos whose parent company already reports climate-related disclosures using ISSB-based local reporting standards or equivalent standards, such as the European Sustainability Reporting Standards (ESRS), and the NLCo’s activities are included in that parent’s report which is available for public use.

Refer to the FAQs for more information.

How to apply

Access the Business Grants Portal to apply for the SRG.

EnterpriseSG will be processing applications from eligible companies which has at least 30% local equity held directly or indirectly by Singaporean(s) and/or Singapore PR(s), determined by the ultimate individual ownership.

For eligible companies whose local ownership is <30%, kindly contact Economic Development Board (EDB) to submit a formal application.

Note: Companies are to apply for the SRG individually. Group applications (two or more companies listed as applicants in one application form) are not allowed.

There are no pre-approved vendors for the SRG. However, for Assurance Providers, they should be: (i) audit firms registered with ACRA, or (ii) Testing, Inspection and Certification firms accredited by Singapore Accreditation Council.)

Documents to prepare for application:

Audited financial statements or certified management accounts for the company’s last FY (for ListCos) and last 2 FYs immediately preceding the reporting FY (for NLCos) for the sustainability report
For Consultancy and Assurance Costs:
- Quotation or proposal details with fee breakdown by project scope, project phases and description, fee breakdown etc
For Manpower Training:
- Quotation or proposal details with training description, employees participating in training programme and respective employment status
For Equipment & Software:
- Quotation or proposal details of equipment and software, with breakdown of cost, e.g. purchase price, installation cost, lease or subscription period etc.

Claims

Step 1: Refer to Letter of Offer

Refer to your Letter of Offer for details on:

Project Qualifying Period
Project Deliverables

Projects should have been completed within the specified qualifying period, and all project deliverables should have been achieved.

Step 2: Prepare documents

It is mandatory to submit the following documents for evaluation of project deliverables under the SRG:

First sustainability report in accordance with the ISSB standards (for supportable FY prior to mandatory compliance timeline stipulated by SGX / ACRA)

Accompanying documents to support claims of other qualifying costs, which include, but are not limited to the following:

External Consultancy Costs (in addition to the first sustainability report in accordance with the ISSB standards)	Contract with consultancy indicating project scope, fee breakdown, deliverables etc. Proof of payment, which could include bank statements and receipts
External Assurance Costs	Contract with assurance provider Proof of payment, which could include bank statements and receipts
Equipment & Software	Equipment & Software Delivery order(s) stating delivery date and invoice(s) Proof of payment, which could include bank statements and receipts Equipment & Software (acquired on hire purchase) Delivery order(s) stating delivery date and invoice(s) Hire purchase contract with repayment schedule Proof of payment of at least 1 instalment
Manpower Training	Training course provider and outline Names of employees and proof of attendance Employment contract to demonstrate that staff trained is a permanent or contract staff Proof of payment, which could include bank statements and receipts

Step 3: Submit claims

As all SRG claims are subjected to audit, you are required to engage an external Auditor for audit verification as per instructions included in the Letter of Offer first, before submitting the claim.

Upon completion of the project and achievement of the project’s deliverables, as well as the audit verification, proceed to submit your claim on the Business Grants Portal.

Refer to the Letter of Offer for more details.

Sustainability Reporting Grant